I can talk a good Elliot wave, or our sentiment cycle. One could suggest that we had a "buy the dip stage early in the week. and that we are forming a nice top.. Or in EWT we have a wave 4 pull back into a wave 5 top... Of course if you are bearish at this point you would suggest that we need and ABC correction and this is not a very good C leg yet... but .... I digress.
Tops are made .... I look around and I keep seeing people try and pick the top... A constant "oh, yesterday wasn't the top... Today must be the top.... and for that to go on over and over.
Thursday, April 2, 2009
Sentiment and Tops
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